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The longer-term the option, the sillier the results generated by the Black-Scholes option pricing model, and the greater the opportunity for people who didn't use it.
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"Michael Lewis Quotes." Quoteslyfe.com, 2025. Sat. 22 Feb. 2025. <https://www.quoteslyfe.com/quote/The-longer-term-the-option-the-sillier-888114>.
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A peculiarity of the nature of your mind is that, in contrast to your physical constitution (dosha) that is fixed from birth, it can be altered through discrimination and choice.
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This page presents the quote "The longer-term the option, the sillier the results generated by the Black-Scholes option pricing model, and the greater the opportunity for people who didn't use it.". Author of this quote is Michael Lewis. This quote is about use, black, results, scholes, people, greater, pricing, opportunity, term,.